From CHAX Software:
Now, collecting payments by check has never been easier or more convenient. When a customer says, 'I'll put the check in the mail,' you just tell them to CHAX it - by fax, phone, or internet. With the help of CHAX user friendly software, simply input the check information into any PC, print out a check, and deposit it.
Why Use Chax?
For any business, who needs to receive payment quickly and securely, CHAX is a must have. How many times has a company paid fees for electronics funds transfer, or to 'overnight' a payment. With CHAX this is unnecessary. Customers can call and provide their check information over the phone, fax in a check or through the internet, saving you time, money, and stress.
To survive in todays business atmosphere all companies must have a laser printer, a phone or a fax machine. Thats all the equipment needed to take advantage and implement the CHAX software. Why not capitalize on this investment, save your customers money, and hassle to boot!!! Collect money instantly!!! Chax is also great for periodical debits and collections.
Is it Legal to use Check by Phone, Check by Fax, Checks by Internet?
Check by phone, check by fax and check by internet are completely legal. More commonly named 'Draft Check' or pre-authorized paper bank drafts have been in use in the industry since 1996. The main requirement for Draft Checks is that you need written or verbal pre-authorization from the primary checking account holder. After acquiring the pre-authorization, the banks will only need to see a stamp saying that the check was pre-authorized. Read our 'Drafting Checks - Legal?' page for more info.
No Signature Required!
Such as a credit card payment over the phone does not need a signature, so can checks. The banks only need to see on the check that it has been pre-authorized, so they can process the check.